Korea Hydro & Nuclear Power Challenges Poland Nuclear Power Export... Business Proposal Submission Today

Published 21 Apr.2022 11:03(KST)

The Barakah Nuclear Power Plant in the United Arab Emirates (UAE), which began commercial operation in April last year. The Barakah Nuclear Power Plant is the first nuclear power plant exported by South Korea. [Image source=Yonhap News]

[Asia Economy Sejong=Reporter Lee Junhyung] Korea Hydro & Nuclear Power (KHNP) is challenging the export of nuclear power plants to Poland.

KHNP announced on the 21st that it will submit a new nuclear power industry proposal to the Polish Ministry of Climate and Environment. The Ministry of Climate and Environment is the main department in charge of Poland's ongoing new nuclear power plant projects. Nam Yosik, head of KHNP's Growth Business Division, will visit Poland in person on the same day to deliver the business proposal and a letter from Moon Seungwook, Minister of Trade, Industry and Energy, to Adam Giubrzec Czetwertynski, Deputy Minister of the Ministry of Climate and Environment. During the meeting with the Deputy Minister, Nam plans to emphasize not only the safety and economic feasibility of the Korean-type nuclear power plant but also the Korean government's full support commitment.

Earlier, the Polish government announced the '2040 National Energy Policy Amendment' last year, which includes plans for new nuclear power plant construction. According to the amendment, Poland plans to operate one new nuclear power plant by 2033 and sequentially introduce six nuclear power plants by 2043. The plan aims to replace aging thermal power plants with new nuclear power plants and establish a stable power supply system.

Jung Jae-hoon, President of Korea Hydro & Nuclear Power (center), is promoting the safety and technological capabilities of Korean nuclear power plants at a local media briefing held last November at the Sheraton Grand Hotel in Warsaw, Poland.
[Photo by Korea Hydro & Nuclear Power]

The Polish government requested business proposals from Korea, the United States, and France to introduce new nuclear power plants. In response, Minister Moon and KHNP President Jung Jaehoon stated in a meeting with Piotr Naimski, Poland's plenipotentiary for strategic energy infrastructure, last November that they would submit a business proposal in the first half of this year.

President Jung said, "KHNP has the best competitiveness in all aspects, including technology, economic feasibility, and business capabilities, among potential suppliers for Poland's new nuclear power plant project," adding, "We have officially submitted the proposal, which was meticulously prepared by the Korean nuclear power industry, to the Polish government, laying the foundation for winning the new nuclear power plant project."